303.Strategy for Value Creationp. 23 R&D and Business DevelopmentMaruho takes on the challenge of unmet needs around the world with the desire to bring a smile to the many people around the world who are suffering from skin problems. The Global Business Development Dept. takes the lead in the global expansion of our business.In September 2023, Maruho signed a licensing agreement for the development, manufacture, and marketing of Rapifort Wipes, a primary axillary hyperhidrosis treatment agent, in South Korea, Taiwan, Hong Kong, Macau, and the 10 ASEAN member states. By providing new treatment options to the medical frontlines, we expect to make further contributions to patients suffering from this disease.Maruho has cultivated a variety of knowledge in the Japanese market to meet the needs of diverse skin diseases. The “you” in our Mission includes people outside of Japan. In order to bring smiles to patients around the world who are eagerly awaiting drugs, we will work on unmet needs not only in Japan but also around the world.Countries and regions covered in the licensing agreementHong KongASEANSouth KoreaTaiwanMacauMaruho Report 2023activities, work diligently together as part of the same team to create a society where everyone can smile.Maruho continues to evolve day by day to realize its Mission of “More smiles, brighter life for you.” With its Values that serve as standards of conduct, Maruho contributes to patients and society. Employees, who are responsible for business Here we will share several examples of these activities.Members of the Global Business Development Dept.Having specialized in the field of dermatology for two decades, contributing to patients in Asia by leveraging our strengths cultivated in the Japanese market is something that only Maruho can accomplish and this also represents our Mission. This licensing agreement represents the first step for Maruho in taking on new challenges. Believing that our products can bring smiles to patients in Asia, we will expand our licensing to other products and regions.Special FeatureSharing knowledge gained in Japan with AsiaAchieving Maruho’s vision for the future
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